Will House Prices Keep Rising Over the Next Few Decades?

in Threespeak5 years ago (edited)

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Ollie Howlett says "As long as population keeps increasing, property will always become more valuable".

Here's my response!

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Yes, of course. The house is a basic need. Everyone needs a decent home. The price of a house will be influenced by its strategic location.

Here in the UK, house prices have risen beyond what most young people can afford and they now are having to rent as they cannot afford it. House prices cannot keep rising to this extent , there has to be a correction.

Yes, a house is a basic need!

House prices will rise and then collapse , just like the stock market. What should be considered as a basic need is made into a financial tool to speculate on!

Agreed. I hope Bitcoin fixes this somewhat by absorbing the "piggy bank" value of houses

Yes may be

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